Earnings

Anxiously awaited. First Quarter earnings statements last week began to appear in volume. Although it will be a long time before complete returns are in, and although, as often happens, the poorest statements may be the last, the following were indicative of what may be expected : Increases 1929 First* Quarter 1930 First* Quarter

Colorado Fuel & Iron ........ 939 1,294

Commonwealth Edison ...... 4,941 5,120

Container Corp ............. 35 135

Curtis Publishing Co ........ 5,752 6,533

Cream of Wheat ............ 479 530

General Electric ............ 14,505 15,042

General Foods .............. 5,168 5,900

General Railway Signal ...... 314 511

Mathieson Alkali ........... 506 541

National Air Transport, Inc. . 120 127

Otis Elevator ............... 1,692 1,759

Paramount-Famous-Lasky Corp .................... 2,565 4,800

White Rock Mineral Springs .. 217 257

Decreases

American Telephone & Telegraph .................... 40,500 40,439

Atlantic Refining ........... 3,892 1,124

Beech-Nut Packing ......... 654 614

Chicago Yellow Cab ......... 664 532

General Outdoor Advertising. 44 /-499

Hudson Motor .............. 4,567 2,316

E. I. du Pont de Nemours. ... 23,847 15,854

International Cement Corp. .. 1,017 841

Johns Manville ............ . 1,106 741

S. S. Kresge ................ 3,177 2,759

Texas Gulf Sulphur ......... 3,880 3,803

Western Union ............. 3,714 1,486

Youngstown Sheet & Tube. . . 4,430 2,516

* 000's omitted.

/-Ibid.

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